Day trading strategies: the complete guide with all the advanced tactics for stock and options trading strategies. Find here the tools you will need to invest in the forex market


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Ascending triangle
This pattern typically forms during an upward trend and indicates that the
current pattern is going to continue. It is a bullish pattern that says greater
growth and volume are on the way. It can also be formed during a reversal,
signaling the end to a downward trend.
Triple bottom
The triple bottom, named for the 3 bottoming out points of a given stock,
tends to indicate that a reversal is on the way. You can tell a triple bottom
by the fact that the price rebounds to the same point after each period of


bottoming out. After the third period, it is likely to reverse the trend by
breaking out.
Descending triangle
This is similar to the ascending triangle but is bearish rather than bullish. It
indicates that the current downward trend is likely to continue. It can
occasionally be seen during a reversal but is much more likely to be a
continuation.
Inverse head and shoulders
The inverse head and shoulders consists of 3 low points always returning to
the same higher price. The lowest point is considered the head while the
shoulders are a pair of low points that are equal to one another. After the
second shoulder, a breakout is likely to occur that will pick up volume as it
goes.


Bullish triangle
This is a symmetrical triangle pattern that can be easily determined by a
pair of trend lines that converge at a point. The lower trend line tracks
support while the upper tracks resistance. Once the price breaks through the
upper line then you know that a breakout has occurred that will rapidly pick
up both steam and volume.
 


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